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Author Topic: COINDASH - Future of trading - Token Sale 17th July 2017  (Read 198343 times)
YIz
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July 17, 2017, 10:07:25 PM
 #3581

The CoinDash team should contact ALL exchanges and the FBI. Make sure this guy doesn't get his ETH exchanged.

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July 17, 2017, 10:10:43 PM
 #3582

I wouldn't be surprised that this is an inside job, interrogate the webmaster and all his friends and family.  The site is available in multiple languages, so there are probably more than one webmaster. 
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July 17, 2017, 10:14:51 PM
 #3583

The Greek translation has been updated.


https://bitcointalk.org/index.php?topic=1914707.msg20198958#msg20198958

★★★ 500+ GREEK★★★TRANSLATIONS ★★★
FAST ★★★ FLAWLESS ★★★ CHEAP ★★★ https://bitcointalk.org/index.php?topic=1175769.new#new
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July 17, 2017, 10:21:43 PM
 #3584

I wouldn't be surprised that this is an inside job, interrogate the webmaster and all his friends and family.  The site is available in multiple languages, so there are probably more than one webmaster. 
I Love china rules:
http://bitcoinchaser.com/ico-scams-china


I LOVE ETH, MORE THEN BCC HAHAHAH!
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July 17, 2017, 10:27:26 PM
 #3585

I am not getting why there is so much of a panic. The developers offered to issue reimbursement in tokens. Tokens are what you wanted to receive in exchange for your money. It seems fair enough because you paid for tokens and still received them. Yes, the tokens became less valuable at the moment. But that is where your risks were resting - the market. Moreover, you have tokens, and the project you trusted is still alive and promising.
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July 17, 2017, 10:30:08 PM
 #3586

The DEVS should contact Vitalik Buterin to have another fork of Ethereum to recover the "hacked" ICO funds.


This HACK claim could be an insider job. They should thank all the "investors" for giving them $7 million to for their summer holidays.
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So far so good


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July 17, 2017, 10:44:20 PM
 #3587

I am not getting why there is so much of a panic. The developers offered to issue reimbursement in tokens. Tokens are what you wanted to receive in exchange for your money. It seems fair enough because you paid for tokens and still received them. Yes, the tokens became less valuable at the moment. But that is where your risks were resting - the market. Moreover, you have tokens, and the project you trusted is still alive and promising.

What is the point having tokens from a project which has no funds anymore for development? The project is still alive? For how long?
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July 17, 2017, 10:51:21 PM
 #3588

I am not getting why there is so much of a panic. The developers offered to issue reimbursement in tokens. Tokens are what you wanted to receive in exchange for your money. It seems fair enough because you paid for tokens and still received them. Yes, the tokens became less valuable at the moment. But that is where your risks were resting - the market. Moreover, you have tokens, and the project you trusted is still alive and promising.

What is the point having tokens from a project which has no funds anymore for development? The project is still alive? For how long?

Dude they raised over $6 million not counting the fraud.  Even if they blow half of it on cars and drugs, that still leaves a ton of money for a dozen people to develop something.
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July 17, 2017, 10:53:28 PM
 #3589

https://steemit.com/coindash/@hawtoken/how-i-experienced-the-coindash-hack
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July 17, 2017, 10:57:30 PM
 #3590

I am not getting why there is so much of a panic. The developers offered to issue reimbursement in tokens. Tokens are what you wanted to receive in exchange for your money. It seems fair enough because you paid for tokens and still received them. Yes, the tokens became less valuable at the moment. But that is where your risks were resting - the market. Moreover, you have tokens, and the project you trusted is still alive and promising.

What is the point having tokens from a project which has no funds anymore for development? The project is still alive? For how long?

A reasonable solution is to close this project, it is known that half of the funds will be not realized.
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July 17, 2017, 10:58:02 PM
 #3591

would you look at that....

https://twitter.com/myetherwallet/status/886997735911546880
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July 17, 2017, 10:59:12 PM
 #3592

I am not getting why there is so much of a panic. The developers offered to issue reimbursement in tokens. Tokens are what you wanted to receive in exchange for your money. It seems fair enough because you paid for tokens and still received them. Yes, the tokens became less valuable at the moment. But that is where your risks were resting - the market. Moreover, you have tokens, and the project you trusted is still alive and promising.

What is the point having tokens from a project which has no funds anymore for development? The project is still alive? For how long?
Useless token, worthless project and amateurs developer. There is not a reason to buy this token as long as you can see the truth that the fucking coindash site gets hacked and that's a newbie mistake.
The team is not competence for running this project. Claimed to the future of the trading system, in another side fail to keep the security of the ico site. WHAT A SHAME COINDASH TEAM!!

 
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July 17, 2017, 11:08:11 PM
 #3593

They went quiet now is scary itself.

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July 17, 2017, 11:32:48 PM
 #3594

They already issued one round of useless CR! tokens back in the ether.camp hackathon.

So hack aside what was the logic behind early investors sending more ETH to participate in the ICO?

I mean I was an early backer and bought CR! tokens under the impression they were worth something...



From gitte[Suspicious link removed]/CoinDash-io/Lobby

Alon Muroch @negedzuregal Dec 14 2016 19:39 Last day to get your CoinDash tokens at 0.01 HKG before the price goes up!

bamos01 @bamos01 Dec 14 2016 22:49 What is the reason to buy CR tokens?

Alon Muroch @negedzuregal Dec 15 2016 00:41 Hi @bamos01, great to have you here! Our product is 100% directed to crypto investors, developed by crypto investors. The most critical stages in a startup's life is its early days until it reaches market fit, that is, a product optimised enough to give great value to its users. The same way traditional investors invest in a company and get direct influence of its decision making (a sit in the board of directors), any of our investors will do as well. The tokens can be used by us only if we convince you, our investors, they will be used at the right development direction. As we optimise our product, the token's value will rise as it will become more attractive and the company's product becomes better and better. Buy more tokens early on, you will have more influence on decision making and future development. An incredible side effect is that the more people invest in us the more market validation we get which means, again, the company becomes even more attractive.



On top of that they strung us along asking to contact them as they had a reward for early investors

From their blog posts...

"Ether.Camp early investors call – To further emphasis our appreciation of your support, we want to grant a special reward to those of you who backed us from day one. We are calling all of you who supported us through the Ether.Camp Hackathon to contact us and get your reward. Please send your e-mail and name used during the Hackathon to contact@coindash.io. We will reach you as soon as possible."

Turns out this "reward" was just the opportunity to send them more ETH via the whitelist. LOL

Did any of you other early investors have a similar view and expectations as myself? Or did I see this all wrong?

EDIT: for full disclosure I declined the "opportunity" to participate in the ICO
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July 17, 2017, 11:37:22 PM
 #3595

News of this hack is very bad news for investors, how can big project but with very weak security, hope this project keep running, investor trust is being tested
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July 17, 2017, 11:47:24 PM
 #3596

Maybe it was scam before the hacked site. The ICO was only of 50% of CDT! Shocked Shocked
Developers took for themselves a huge percentage of ICO.
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July 17, 2017, 11:48:16 PM
 #3597

Ok. What to do now?
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July 17, 2017, 11:54:45 PM
 #3598

Ok. What to do now?
Wait for another annoucement from Coindash dev, and fill the form if you have invested in wrong (hacker) address. They said they will make sure all investors get coindash token even though they have sent to hacker address.
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July 17, 2017, 11:55:52 PM
 #3599

Ok. What to do now?
Wait for another annoucement from Coindash dev, and fill the form if you have invested in wrong (hacker) address. They said they will make sure all investors get coindash token even though they have sent to hacker address.

Why we need to fill out the form? They have all the information needed right on the public ledger. We call it a blockchain.

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July 18, 2017, 12:10:32 AM
 #3600

Ok. What to do now?
Wait for another annoucement from Coindash dev, and fill the form if you have invested in wrong (hacker) address. They said they will make sure all investors get coindash token even though they have sent to hacker address.

Why we need to fill out the form? They have all the information needed right on the public ledger. We call it a blockchain.
lol this is just a timesaver for them Smiley
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